. >> it can happen in the san francisco mint, it can happen in a park, it can happen in a street park, it can happen in a tech campus. it's basically where we bring the hardware, the culture, the operating system. >> so right now, i'm eating something that brings me back to every filipino party from my childhood. it's really cool to be part of the community and reconnect with the neighborhood. >> one of our largest challenges in creating this cultural district when we compare ourselves to chinatown, japantown or little saigon, there's little communities there that act as place makers. when you enter into little philippines, you're like where are the businesses, and that's one of the challenges we're trying to solve. >> undercover love wouldn't be possible without the help of the mayor and all of our community partnerships out there. it costs approximately $60,000 for every event. undiscovered is a great tool for the cultural district to bring awareness by bringing the best parts of our culture which is food, music, the arts and being ativism all under one roof, and by seeing it all in

the san francisco u.s. mints being transformed into a popup museum to celebrate the city's history. >> it's the fourth annual san francisco history days. and there are morencluding this right here where kids can look through some homemade periscopes. this is for people of all ages to experience the past through pictures, paintings, activities and historic films. it runs through sunday. >> so you can be inside for that. the question is, do you need to be inside at all? or is it going to be sunny and beautiful now that we've hit the month of march? >> that's why the weather app that we have with radar. >>na >> that is the cleanest segue into promoting that app i've ever seen. >> the mers caper case setting weather app. the umbrella and sunglasses wrap up to the weekend. monday, it looks like showers will be gone then, but tuesday and wednesday another chance for rain. down towards big sur. let's see if we can get a dry weekend coming in. a lot of little leagues starting. looks like saturday. more rain. so that feb

mint building in san francisco will transform into a pop-up museum for the day's history day event.will get a glimpse inside the old brick vaults and counting rooms, come alive with historic films, presentations, and tour organizers say it is a special occasion. >> until recently it has been closed to the public. this is really one of the only times during the year where the public can get in for free to see this historic national historic landmark site. >> maybe they will find some buried coins. >> i want in! that sounds great. >> i know. it will be open to the public tomorrow and sunday. guests are encouraged to come dressed in period costumes. >> and if you find some coins, share it with us. >> yes. >>> well, how did a rare fish seen neera trail ya' make it to a california shore? we will show you next. ♪ ♪ with the chase mobile app, jason wu could pay practically anyone, at any bank, all while putting on a runway show for new york fashion week. ♪ ♪ he could. or, he could make it even easier - and set up recurring payments to his neighbor. for cat sitting. (meow) whoa. you've groo

san francisco? lawmakers claim it is lining the pockets of wall street investors instead of improving the city where it was earned. san francisco's historic u.s. mint site of today's announcement. assemblyman david chu used it to keep california money in the state. >> our monies are kept largely in wall street banks rather than being brought and invested in what is important to us. >> the public banks he's proposing would be owned by cities and counties. the priority would be local investment instead of shareholder profits. it would also offer ala california ly could open accounts. >> up next, more than just a dna test. what bay area-based 23 and me says it can also detect. to simone, i leave the van gogh. to harrison, the wine collection. to craig, this rock. the redwoods to the redheads. the rainbows to the proud. i leave these things to my heirs, all 39 million of you, on one condition. that you do everything in your power to preserve and protect them. with love, california. in response to the crash of that ethiopian airlines flight. >>> we're following breaking news in response of that crash of that ethiopian airlines flight. as we've been repo

minute we started this commission meeting i have mentioned the supersizing of san francisco and 10,000 millionaires mintedis year. we went through the a.d.u. and the homes and here we come to ceu turning 1240 square got home. it is a long day to 3715 square foot home. it was bought in 12, 9, 2016. 1,000,210. it is up $250,000. it is a big piggy bank you are saving money and appreciating. 3715 gross square feet house in this neighborhood basically new construction is going for 5 to $6 million. on the planning code section 101. the city's supply of affordable housing enhanced it is a proposal to demolish. there will provide a well designed single family home that contains a total net gain of additional bedrooms. i don't think it is helping affordability. having been through the a.d.u. and i talked about demolishing single family homes. you need to dense fi. this is not necessary or desirable to knock this down. without a.d.u. in there. you will be gone in 50 years. you can address this but i am not going to vote yes unless there is an a.d.u. >> they are planning on building a family of five, i don't know. a

minted millionaires. >> rent in san francisco is already one of, if not the most expensive, in the country and those pricesalth enters the market, a lot of it in a short amount of time. that could make for a very interesting and expensive future. big entrances on wall street could make a big difference in san francisco's cost of living. six major tech companies plan to go public this year, all based in s.f., all but one valued at more than $10 billion each, some much more than that. those ipos stand to make millionaires out of hundreds, possibly thousands of employees and investors almost overnight. >> a lot of people have a lot of money. they're looking for housing to buy, things to spend it on. so the city get more crowded. that's usually what happens. >> but it hasn't happened like this before. ted egan is the chief economist for the city of san francisco. he's seen plenty of big tech companies go public but not this many at 1 time. >> depending on the value of the ipos, it could be an injection of a significant amount of new spending. >> uber, stripe, airbnb, lyft, pinterest and slack all announced the

san francisco? >> in san francisco. >> that's, i mean, a hard number to even wrap our head around that prices could go up 50%. >> yeah, unfortunately. unfortunately. >> allegedly we're going to have a bunch of thousands of newly-minted millionaires from the five to six ipos. it remains to be seen, but no one can tell me that won't affect the housing market. it certainly will. >> reporter: some sellers are even pulling their homes off the market now, intending to wait for the ipos to materialize and prices to go up with lots of buyers putting all cash on the table. >> there are so many of them happening. >> reporter: jay books a-list performers for parties and he said the ipos will bring lavish multimillion dollar parties, helping san francisco's musicians and restaurants in the process. >> there are nights you drive around san francisco and you see every restaurant or bar is packed out with some kind of party. >> reporter: it's it's going to be quite an ipo tidal wave. the real este expts said the av home buyer isn't likely to directly compete, at least right now with those ipo buyers, because they're going to be targeting luxury homes and city condos. i'm leslie brinkley, abc 7 news. >> now we want to hear your ide

it's been dubbed the year of the ipo, and as a number big san francisco companies go public , many of their employees are turning into newly minted millionaires, and of course many of them looking to buy a new home. joining us to talk more about how this ipo boom might affect the housing market is michael friedman, residential realtor with the grub company. so we are talking about as many as 6000, maybe even more new millionaires sort of flooding the market. billions of dollars pouring into the real estate market. what is this going to do to home prices, particularly in san francisco? >> the real short answer and i guess we can wrap of his prices will go up. >> well, see you later. but how much our home prices going to be going up? >> money is not going to show up all at once. there's lockup period and the money coming in six months, and how is that working, and i don't think we are going to suddenly have 6000 people wanting to buy houses, but our market has always been a robust market, even though 2018 with a little softer than 2017 because there is scarcity, so now with all this money coming in, a lot of cash money. >> sure. i

mint we are very excited about finally being ready to take care of the people of san francisco. >> reporter: the building has 274 beds, 12 stories with use of the entire city, innovative of care options and is the first in the nation with suspect technology to withstand an earthquake. >> if there were a big disaster here in the area, we are still going to be standing and be able to care for the community. >> reporter: for patients like bray who was diagnosed with leukemia in may, this is more than just the hospital. >> it is a second family to me so i'm glad we are all in this together for sure. >> reporter: in san francisco, ktvu fox 2 news. >>> also in san francisco, hundreds of thousands of -- were on display. it is american to live day. >> i did not know that. i love tulips. >> more than 100,000 tulips were brought into san francisco square for people to pick and tape home. they work produced from dutch flower bulbs. gorgeous looking. i love the colors. there were a variety of colors including yellow, red and pink as well. >> where are mine? no tulips for your coanchor? >> next year, no

san francisco? >> in san francisco. >> it is hard to wrap your head around that price koss go up 50%. >> yeah. unfortunately. >> unfortunately we are going to have a bunch or thousands of newly mintedoming from the ipos. it remains to be scene. no one can't tell me that won't affect the housing market. it certainly will. >> reporter: the increase in values is projected to also ripple out here to the east bay as well as to the south bay. so another dot com boom that could be tempered by a recession. but all bets right now are on prices going up. >> leslie, he said 50%? when i was listening to that i am like what? that seems unimaginable. are there any notable changes in the real estate market we are seeing ahead this because of the pending ipos? >> reporter: absolutely. i was told both here in the east bay as well as in the city people are actively taking their homes off the market in anticipation of those ipos. they are going to sit on the sidelines, wait six months, 12 months, then put their homes on trying to capture the increase in price that's expected. you have to remember, a lot of these ipo buyers will be coming to the table with cash in their hands. >> wow. >> but then what

san francisco. >> in san francisco. >> that's a hard number to wrap our head around, that prices could go up 50%? >> yeah, unfortunately. unfortunately. >> allegedly we'll have a bunch of thousands of newly minted millionaires overnight coming from the five to six ipos happening, so it remains to be seen. no one can tell me that won't affect the housing market, it certainly will. >> reporter: some seller are pulling their homes off the market to wait for the ipos to materialize and prices to go up with lots of buyers putting all cash on the table. >> this year seems off the hook wth so many ipos. >> reporter: he said the ipos will bring lavish multimillion dollar parties, helping san francisco's musicians and restaurants in the process. >> there's nights where you drive around san francisco and you see every restaurant or bar is packed with some kind of party. >> reporter: it's going to be quite an ipo tidal wave. the real estate experts i consulted with said that the average home buyer isn't likely to directly compete, at least right now with those ipo buyers because they're going to be targeting luxury homes and city condos. i'm leslie brinkley, abc 7 news. >>> we want to hear your ideas abou

san francisco. >> in san francisco. >> that's a hard number to wrap our head around, that prices could go up 50%? >> yeah, unfortunately. unfortunately. >> allegedly we'll have a bunch of thousands of newly minted millionaires overnight coming from the five to six ipos happening, so it remains to be seen. no one can tell me that won't affect the housing market, it certainly will. >> reporter: some sellers are pulling their homes off the market to wait for the ipos to materialize and prices to go up with lots of buyers putting all cash on the table. >> this year seems off the hook with so many ipos. there's so many of them happening. >> reporter: he said the ipos will bring lavish multimillion dollar parties, helping san francisco's musicians and restaurants in the process. >> there's nights where you drive around san francisco and you see every restaurant or bar is packed with some kind of party. >> reporter: it's going to be quite an ipo tidal wave. the real estate experts i consulted with said that the average home buyer isn't likely to directly compete, at least right now with those ipo buyers because they're going to be targeting luxury homes and city condos. i'm leslie brinkley, abc 7 news

san francisco for single family homes. some sellers are pulling their homes off the market now intending to wait for the ipos to materialize. >> allegedly, we're going to have a bunch of newly minted millionaires overnight. remains to be seen. you can't -- no one can tell me that won't affect the housing market. certainly will. >> reporter: in the next year, these major tech companies like airbnb, uber, lyft and others are expected to go public with a total market capitalization of around $200 billion. most of the employees have a stake in the company. for now, reporting live from lyft headquarters, jobina fortson, abc 7 news. >>> going to be a good day for the employees there and their pups they're taking along to work. >> they're going to get an extra treat today, i'm sure. >>> in the south bay, school districts right now feverishly disinfecting classrooms, wiping down all the surfaces. >> this is in response to a widespread flu outbreak at simons elementary. it's centered on a fourth grade class where 50% of the kids are out with flu-like illnesses. six confirmed cases of influenza a. 33 students were out yesterday. officials are urging parents to keep their sick kids at home t